A B C D E F G H I J K L M
N O P Q R S T U V X W Z

H

Home Owners Insurance
A form of insurance in which the insurance company protects the insured from specified losses, such as fire, windstorm, and the like.
Homestead Deed
A declaration filed in the land records that an individual is asserting his homestead exemption. That exemption allows one to protect some assets (amount varies by state) against the claims of creditors.
Housing Expenses-to-income Ratio
The ratio, expressed as a percentage, which results when a borrower's housing expenses are divided by his/her net effective income (VA loans) or gross monthly income (conventional loans).